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Devon Energy logoDevon Energy DVN

The company said its board elected Brent J. Smolik as a director, effective on October 1, 2025.

8-KDeparture or Appointment of Directors or Certain OfficersFiled Period of report Summary published (UTC)

Key points

AI summary
  1. The company said its board elected Brent J. Smolik as a director, effective on October 1, 2025.

  2. Devon Energy said Mr. Smolik will serve on the Audit and Safety, Operations, and Resource Committees of the board.

  3. The company said there are no arrangements or understandings between Mr. Smolik and any other person in connection with his appointment, and no transactions or relationships requiring disclosure under Item 404(a) of Regulation S-K.

  4. Devon said Mr. Smolik entered into the standard indemnity agreement for non-management directors and will receive restricted stock with a total value of $154,384 under the 2022 Long-Term Incentive Plan. The shares will vest 100% on the day after the grant effective date of October 9, 2025.

Summary

AI-written

Analysis scope · Filing bodyWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

Brent J. Smolik Elected to Devon Board

The company said its board elected Brent J. Smolik as a director, effective on October 1, 2025.

Source · Based on the filing body and exhibits

Board Committee Assignments

Devon Energy said Mr. Smolik will serve on the Audit and Safety, Operations, and Resource Committees of the board.

Source · Based on the filing body and exhibits

No Arrangements or Interests in Director Appointment

The company said there are no arrangements or understandings between Mr. Smolik and any other person in connection with his appointment, and no transactions or relationships requiring disclosure under Item 404(a) of Regulation S-K.

Source · Based on the filing body and exhibits

Compensation and Restricted Stock Grant

Devon said Mr. Smolik entered into the standard indemnity agreement for non-management directors and will receive restricted stock with a total value of $154,384 under the 2022 Long-Term Incentive Plan. The shares will vest 100% on the day after the grant effective date of October 9, 2025.

Source · Based on the filing body and exhibits

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

Source: SEC EDGAR (U.S. Securities and Exchange Commission). Item captions are the SEC's. The summary is for reference only and is not investment advice.